Citation to buy Noble Energy Kansas oil properties

By OGJ editors

Citation Oil & Gas Corp., private Houston operator, will buy oil and gas properties in Kansas from Noble Energy Inc. for $140 million.

Closing is set for September 2012, effective Apr. 1, 2012. The properties include Noble Energy’s interest in about 250 producing wells on 14,000 net acres. As of the effective date, net production was 1,000 b/d of oil equivalent and net proved reserves were 7 million boe, nearly all crude oil.

Noble Energy said the next phase of its noncore divestment program, continuing into 2013, involves

small asset packages in the Midcontinent, Gulf Coast, San Juan, and Ark-La-Tex areas and the company’s remaining assets in the North Sea.

Related Articles

Gasoline price games

03/24/2014 Let's assume you're a typical American, typically scornful of the oil and gas industry. You don't work for the industry. You don't know much about ...

OGJ Newsletter

03/24/2014

International news for oil and gas professionals

OMV acquires West of Shetland licenses from Hess

03/21/2014 OMV AG has reached an agreement with Hess Corp. to acquire four licenses in West of Shetland, UK, including Cambo field and the Blackrock prospect,...

Millennium Pipeline appoints president

03/20/2014 Millennium Pipeline Co. LLC has selected Joseph Shields as its president. He succeeds Rocco D’Alessandro, who held the position beginning in May 20...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected